I have 5lk and was planning to invent into equities, I asked a colleague at office he asked me to Invest it over months. What should I be doing?
Hi,
Bro yes u can invest if u want to do trading
but if u dont have time for daily trading than remember
S.I,P. is the best option
u have 5lakhs Rs. divide that 5lakh in 30 months
which comes to 16700 per month
now how to do this SIP in stock market…
I will give u the idea 30months is calculated on the basis as nifty is trading near its life time high
nifty might go around 9500-10150 levels
but soon it will come to 6000levels in 3rd quater of 2016
so if u r investiong as SIP with 30 months mode u will get good returns in near future.
Invest 5lakhs in recurring f.d. as u will be getting 6% minimum interst on your available balance per annum on prorata basis
like first year from f.d. u will earn 25k
2nd year 12k
in last 6month 5k
so u will be able to earn from both the sides…
For stock list u can reply me
I will help u out